WASHINGTON — Former Citigroup chief executive Sandy Weill's call for the reinstatement of a clear separation of commercial and investment banking reverberated loudly through the nation's capital Wednesday.
At a House hearing with Treasury Secretary Timothy Geithner, both Democratic and Republican lawmakers pounced on the comments, suggesting a new openness to the argument that the nation's largest banks should be broken up.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access